Stock market declines marginally by 0.01%

It was a bearish session on the floor of the Nigerian stock market on Monday as the All Share Index declined marginally by 0.01% to close at 49,676.75 points from the previous close of 49,682.15 points.

The Market Capitalisation was down also by 0.01% to close at N26.794 trillion from the previous close of N26.797 trillion, thereby shedding N3 billion.

An aggregate of 232.9 million units of shares were traded in 4,425 deals, valued at N2.19 billion.

The Market Breadth closed positive as 18 equities emerged as gainers against 9 equities that declined in their share prices.

Percentage Gainers

Transnational Express led other gainers with 9.52% growth to close at N0.69 from the previous close of 0.63.

UPDCREIT, MULTIVERSE and VITAFOAM among other gainers also grew their share prices by 9.23%, 9.17% and 8.37% respectively.

Percentage Losers

CAVERTON led other price decliners as it shed 9.57% of its share price to close at N1.04 from the previous close of N1.15.

JOHNHOLT and JAPAULGOLD among other price decliners also shed their share prices by 8.99% and 8.82% respectively.

Volume Drivers

ACCESSCROP traded about 35.8 million units of its shares in 231 deals, valued at N293.6 million

FBNH traded about 23 million units of its shares in 108 deals, valued at N251million.

Zenith Bank traded about 12.5 million units of its shares in 279 deals, valued at N273.7 million.

Source: Stock market declines marginally by 0.01% – StocksWatch (stocksng.com)

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